OPEC oil price stays above $51

Vienna, April 16 (DPA) The price for oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) remained above $51 Wednesday, according to data released by the group Thursday. One barrel (159 litres) of OPEC crude rose to $51.17, up $0.10 from Tuesday’s price.

The Vienna-based oil cartel calculates a basket price based on 12 brands produced by its members.